I'm enjoying my discussion with you, Eve.
Yes, the Company does own "short shares". This is not all that unusual, and is something every investor should check out, before becoming concerned about the % of short shares.
Also, what I should have said is, "If I were going to worry about anything, it would be their customers' ability to get their message out, so that end-users know what CMVT's products will do for them".
In addition, imo, approx. 50% institutional ownership is ideal (to lengthy an explanation to get into here) -- I love investing in companies that institutions are investing in.
And, when I've done my homework and purchased shares, and then the price goes down for no discernible reason -- that is the time I buy more, or at least hold on to the ones I have -- because in most cases the price will rise to the point of making the time I spent doing my homework worthwhile.
Here's hoping your new investment flies high! |